Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers
|
|
- Theresa Dixon
- 8 years ago
- Views:
Transcription
1 Northeast Propane Infrastructure, Supply Shortages & High Cost to Consumers Crestwood s Finger Lakes NGL Storage Facility "The Solution"
2 Crestwood Midstream Facilities Overview Gathering & Processing Gas Storage NGL & Crude Services Regional Dispatch Office Transportation Shop Basin Areas Shale Areas Bath NGL Storage South Jersey Terminal Peekskill Rail Terminal 2
3 Diversified US Midstream Portfolio Existing platform in every premier shale play in North America creates significant opportunity for optimization, organic expansion, and strategic M&A ASSET SUMMARY (1) Natural Gas 1.3 Bcf/d natural gas transportation capacity 2.1+ Bcf/d gathering capacity 1,260+ miles of pipeline ~80 Bcf natural gas storage capacity (2) NGL and Crude Oil Eight natural gas processing plants 600+ MMcf/d processing capacity 180,000 BPD crude oil rail terminal facilities 125,000 BPD crude oil gathering NGL and crude logistics business including trucks, rail cars, terminals, fractionation, storage and marketing 4.6 MMBbls NGL Storage 8,000 Bbl/d fractionator 520 NGL truck/trailer units 1,071 rail car units 2 crude unit trains on order in 2015 (1) Includes announced expansion projects (2) Total storage capacity is expected to be reduced to 58 Bcf following Tres Palacios application filed with the FERC on December 6, Gathering and Processing Gas Storage and Transportation NGL and Crude Services Basin Areas Shale Regions Headquarters --- High Growth --- Core Optimize --- Core Stable 3 3
4 NGL Supply & Logistics Services Provided Key Relationships Provides producers and refinery customers NGL production takeaway achieving flow assurance and optimal netbacks Ability to handle molecules across the value chain en route to end-users Storage, Terminals, Transportation Hub supply and hedging for producers and end-users Liquidity and price discovery Hedge for retail propane sector and refiners/processors/petrochemicals Supplier in market hubs for shippers and endusers Well positioned to manage local market dislocations and price volatility 118,000 BPD of NGLs marketed in last fiscal year 4
5 NGL Storage & Terminal Overview Bath Facility 1.7 MMBbl of NGL underground storage Steuben County, NY 100% contracted with maturity to 2016 (a) Nine separate caverns allow for segregation of multiple streams Rail and truck terminal facilities Watkins Glen Project Developing 2.1 MMBbl of underground NGL storage Schuyler County, NY Will connect to Teppco pipeline Rail and truck terminal facilities Awaiting regulatory approval for almost 5 years Seymour Terminal 0.5 MMBbl of underground and above ground NGL storage Seymour, IN Connected to Teppco pipeline Truck terminal facilities South Jersey Terminal Rail terminal facility Bridgeton, NJ Provides supply point for Marcellus/Utica sourced LPG in high-demand Northeast market (a) Bath is 100% contracted with Crestwood Equity Partners, which is operated by Crestwood Midstream Partners 5
6 Northeast Growing Supply & Limited Infrastructure Growing Supply Increases Seasonal Imbalances Growing PADD 1 NGL production: Announced PADD 1 C2+ Fractionation capacity will reach approx. 770 MBPD in 2015/16 according to Bentek By MBPD of production will be C2 That remaining production, approx. 400 MBPD will be C3+ Around 50% of the C3+ production will be Propane (200 MBPD) Crestwood s estimates indicate Propane production could exceed 300 MBPD Pipeline Take-away: Teppco (40 summer vs. 80 winter) volume weighted 60 MBPD Mariner East (1&2) 70 MBPD Propane/Butane mix. Approx. 50 Propane Local storage for seasonal demand fluctuations Provides destination for growing supply during low demand summer months Additional NGL export capacity at Marcus Hook Favorable global price differentials Mb/d Northeast Propane Pipeline Options Source: Bentek & Crestwood Internal C3 Production Teppco Mariner East (1&2) 6
7 Northeast Propane Storage The Case for NGL Storage in PADD 1A / 1B Increasing Marcellus/Utica production eliminates supply from the Gulf Lack of local storage infrastructure to meet seasonal demand shift New pipeline injection production Forces daily production to truck, rail, or pipeline demand Summer production is forced to export from Mid-Atlantic or Mont Belvieu Lost 500,000 Bbls of Storage from Todhunter, OH shutdown. Seasonal product shortages in PADD 1A / B leads to higher import cost North American Rail Canadian Imports USGC Rail Foreign imports to East Coast waterborne Terminals Source: EIA 7
8 Northeast Contracted & Spot Supply vs. Mt. Belvieu All Price Differentials are vs. Mt Belvieu NGL Storage Belvieu + $.30 Product kept locally Import Cargo (waterborne) + $1.50 Spot Pipeline + $.25 contracted + $1.25 spot Rail + $.30 contracted + $.60-$1.00 Spot Long trip times from USGC/Canada Source: Crestwood Internal Truck (long-haul) + $1.00 Very limited capacity 8
9 Storage Provides Price Protection and Supply Assurance Northeast Propane Price Spike: Winter 2013/14 Avg. NY Wholesale v. TET Mt. Belvieu Oct 0.26 Nov 0.37 Dec 0.55 Jan 0.79 Feb 0.94 Mar 0.65 Source: EIA /OPIS 9
10 Propane Supply Chain and Economic Impact Economic Impact Insufficient Northeast storage requires Propane imports to meet higher winter demand Import alternatives are more expensive than local storage and results in higher prices for consumers Without additional storage, the growing Northeast production surplus will be forced out of PADD and then imported back in Double handling product would further increase prices 10
11 Finger Lakes 2.1 MMBbls Impact to Northeast Supply From Dec-Mar the Northeast imported a total of 1.8 MM Bbls through Providence, RI and Newington, NH If Finger Lakes had been in-service this high cost import product would not have been necessary The Newington, NH and Providence, RI import facilities have listed storage capacity, however neither has the capability to refrigerate domestic product received by truck or rail. NGL Import Facilities MBbls MBPD Newington, NH Providence, RI Crestwood Proposed Finger Lakes Storage NGL Storage Facilities MBbls MBPD Watkins Glen, NY 2, Current PADD 1A/B NGL STORAGE CAPACITY NGL Storage Facilities MBbls MBPD Bath, NY 1,500 8 Hartford Mills, NY Greensburg, PA Bayway, NJ Teppco Watkins Glen, NY 1,141 6 Marcus Hook, PA 1,500 8 Current Storage 5, Finger Lakes % of Current Capacity 41% *MBPD capacity assumes an Oct 1-Apr 1 (180 day) withdrawal season 11
12 Crestwood s Finger Lakes Proposed LPG Storage Facility Facility Overview $40 MM shovel-ready investment 2.1MMBbls (88.2 MM Gals) of Propane Storage Connected to Teppco pipeline Summer fill from various Shale Injection Points (Pipeline Truck & Rail Receipts) Winter Delivery Out via Pipeline to Selkirk Gateway to New England Market (ME, NH, MA, RI & CT) Truck & Rail Permitting and Development issues Challenging regulatory environment 4+ years in the permitting process Completed Strategic Risk Analysis outcomes were very favorable Satisfied all & Engineering & Subsurface requirements of NY DEC 2nd Quarter 2013 Shovel-ready project waiting state approval 12
13 Propane Supply / Demand 400 PADD 1 Propane Supply Demand Balance MBPD 67 MBPD 81 MBPD MBPD MBPD MBPD Source: EIA Supply Deficit Net Receipts by Pipeline, Tanker, and Barge From Other PADDs Refinery Production Net Imports Gas Plant Production Product Supplied 13
14 Conclusions Growing shale production in Marcellus and Utica provide significant new supply of Propane to all of PADD 1 Seasonality's of Propane demand create large seasonal imbalance of supply of PADD 1A/B Crestwood s 2.1 MMBbl Shovel-Ready Finger Lakes storage project provides: Pipeline connection in from all injection points of new production and Pipeline capacity out to terminals serving New England market The lowest cost logistics solution Reduces consumer exposure to high cost imported product Utilizes idle summer pipeline capacity to solve seasonal imbalance Crestwood can complete the Finger Lakes Project to provide these benefits for the coming 2015/16 winter season with a decisive approval from the state of New York, assuming Crestwood receives state approval in
15 Q&A
Propane Supply and Logistics Overview
Propane Supply and Logistics Overview Pennsylvania Public Utility Commission Winter Meeting November 09, 2006 Harry Hunter Hanger Jr. Manager of Imports and Risk Management Atlantic Energy Import Terminal
More informationSunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015
Sunoco Logistics Partners L.P. Second Quarter 2015 Earnings Conference Call August 6, 2015 Forward-Looking Statements You should review this slide presentation in conjunction with the second quarter 2015
More informationJoin Together With Demand:
A RBN Energy Drill Down Report Copyright 2015 RBN Energy Join Together With Demand: The Who and How of Marcellus/Utica Midstream MarkWest Processing and Fractionation Plants 1. Introduction RBN Pipeline
More informationJ.P. Morgan Energy Conference
J.P. Morgan Energy Conference June 27, 2016 Don Marchand, Executive Vice President, Corporate Development and Chief Financial Officer Forward Looking Information and Non-GAAP Measures This presentation
More informationCONNECTICUT ENERGY PRICE REPORT
CONNECTICUT ENERGY PRICE REPORT 1/15/2015 DENOTES FALLING PRICES COMPARED TO YEAR EARLIER DENOTES FLAT PRICES COMPARED TO YEAR EARLIER DENOTES RISING PRICES COMPARED TO YEAR EARLIER CONNECTICUT RETAIL
More informationKeeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma
Keeping Our Options Open: Markets for Canadian Crude and the Pipeline Dilemma Trisha Curtis, Research Analyst Energy Policy Research Foundation, Inc. (EPRINC) CERI Oil Conference 2012 April 23 rd, 2012
More informationSuzanne Minter. Manager, Oil and Gas Consulting BENTEK Energy. Natural Gas Outlook
Suzanne Minter Manager, Oil and Gas Consulting BENTEK Energy Natural Gas Outlook North American Natural Gas The Fertilizer Institute November, 2014 2013 Platts, McGraw Hill Financial. All rights reserved.
More informationInvestment Community Presentation. May 2016
Investment Community Presentation May 2016 Forward Looking Statements This presentation includes forward-looking statements, which are statements that frequently use words such as "anticipate," "believe,
More informationTennessee Gas Pipeline Co, LLC
Co, LLC Northeast Gas Association Regional Market Trends Forum April 30, 2013 Preston Troutman Director, Business Development Kinder Morgan: Unparalleled Asset Footprint 3 rd largest energy company North
More informationPLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of 7-24-15)
PIPELINE SYSTEMS (as of 7-24-15) The Northeast Gas Association (NGA) has prepared this summary based on publicly-available information. NGA will strive to keep the information as updated as possible and
More informationGulf Natural Gas Region
Gulf Gas Market: Overview and Focal Points Page 1 of 15 Gulf Natural Gas Region Colonial Gas Mainline TX NGPL TXOK Carthage LA Waha Tennessee Zone 0 Katy Freeport Cameron Sabine Pass Henry Texas Eastern
More informationDriving Distinctive Growth UBS MLP One-on-One Conference January 2016
Driving Distinctive Growth UBS MLP One-on-One Conference January 2016 2015 Tesoro Corporation. All Rights Reserved. Forward Looking Statements This Presentation includes forward-looking statements within
More informationRegional Gas Market Update
April 22, 2015 Milford, MA Regional Gas Market Update Presentation to: ISO-NE Planning Advisory Committee Tom Kiley Northeast Gas Association Objective NGA S ANTITRUST COMPLIANCE PROCEDURES Adopted by
More informationUS Ethane and Ethylene Exports & Markets Report
US Ethane and Ethylene Exports & Markets Report Introduction With the development of shale gas and oil the U.S. production landscape has experienced a dramatic shift over the last 5 years. There has been
More informationCrude Pipeline & Rail Infrastructure Overview. Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013
Crude Pipeline & Rail Infrastructure Overview Presentation For: 8 th Annual Pipeline Development & Expansion Conference September 17, 2013 Agenda» New Crude Production» Pipeline Projects» Rail Developments»
More informationDEMAND. Delivering Midstream Energy Solutions INERGY, L.P. AND INERGY MIDSTREAM, L.P. 2012 ANNUAL REPORT
DEMAND Delivering Midstream Energy Solutions INERGY, L.P. AND INERGY MIDSTREAM, L.P. 2012 ANNUAL REPORT Midstream Operations Inergy s midstream operations provide strategically located infrastructure and
More informationNatural Gas Summit 11/14/12
Natural Gas Summit 11/14/12 1 Natural Gas Summit 11/14/12 Maureen Ball Joined Central New York Oil and Gas (Inergy) in 1999. Participated in the development and construction of various storage, compression,
More informationNatural Gas. Shale Gas Impacts. Natural Gas Liquids (NGLs) Dan Brockett Penn State Extension
Natural Gas Shale Gas Impacts Natural Gas Liquids (NGLs) Dan Brockett Penn State Extension Natural Gas Liquids Natural Gas Liquids (NGLs) are found in wet gas or rich gas areas of shale gas producing regions.
More information2014 Q2 Earnings Conference Call. May 8, 2014
2014 Q2 Earnings Conference Call May 8, 2014 May 8, 2014 About This Presentation This presentation contains certain forward-looking statements that management believes to be reasonable as of today s date
More informationMIDSTREAM GROWTH PROGRAM
MIDSTREAM GROWTH PROGRAM PROPERTY TAX VALUE LIMITATION (CHAPTER 313) MAPS January, 015 PROJECT OVERVIEW 1 Sweeny Refinery Columbia-Brazoria Independent School District Stratton Ridge Clemens Terminal 3
More informationPLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of 9-25-14)
PIPELINE SYSTEMS (as of 9-25-14) The Northeast Gas Association (NGA) has prepared this summary based on publicly-available information. NGA will strive to keep the information as updated as possible and
More informationCreating more Value out of Storage
Creating more Value out of Storage By Gary Howorth, Founder Energy-Redefined Introduction Gas Storage is a complicated business which carries with it large risks and potentially low rewards. Assets can
More informationHow To Build A Gas Plant
1 NGL Fractionation & Storage Phoenix Energy Marketing Consultants Inc. 2 Fractionation & Storage 1. Storage 3 Fractionation & Storage Important part of the liquids transportation infrastructure NGLs must
More informationGULFPORT ENERGY CORPORATION DECEMBER 31, 2015 NET PROVED RESERVE RECONCILIATION (Unaudited) Gas Equivalent BCFE
February 2, 2016 Gulfport Energy Corporation Reports 83% Increase in Total Proved Reserves to 1.7 Tcfe, Provides Fourth Quarter 2015 Operational Update and Schedules Fourth Quarter and Full-Year 2015 Financial
More informationState Heating Oil & Propane Program Final Report Winter 2004/2005
Commonwealth of Massachusetts Division of Energy Resources State Heating Oil & Propane Program Final Report Winter 2004/2005 May 2005 Mitt Romney Governor Kerry Healey Lt. Governor Beth Lindstrom Director,
More informationThe Fuel and Vehicle Trends Report January 31, 2014
ISSN 1948-2388 The Fuel and Vehicle Trends Report This report is a summary of the latest fuel prices and other oil industry key statistics. In addition, this report provides the latest trends in vehicle
More informationNatural Gas: Winter 2012-13 Abundance! and Some Confusion
Natural Gas: Winter 2012-13 Abundance! and Some Confusion NASEO Winter Fuels Outlook Washington, D.C. October 10, 2012 Bruce B. Henning Vice President, Energy Regulatory and Market Analysis BHenning@icfi.com
More informationNorth American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future
North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future Updated Supply Demand Outlook Background Executive Summary June 28, 2011 Sufficient midstream natural gas infrastructure,
More informationSUNOCO LOGISTICS PARTNERS L.P.
(Mark One) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K OR ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year
More informationEIA s U.S. Crude Oil Import Tracking Tool: Selected Sample Applications
EIA s U.S. Crude Oil Import Tracking Tool: Selected Sample Applications November 2014 Independent Statistics & Analysis www.eia.gov U.S. Department of Energy Washington, DC 20585 This report was prepared
More informationOutlook for the North American and Ontario Gas Markets
Outlook for the North American and Ontario Gas Markets Union Gas Customer Meeting London, Ontario June 5, 2014 Presented by: Frank Brock Senior Energy Market Specialist ICF International Frank.Brock@ICFI.COM
More informationHigh Prices Show Stresses in New England Natural Gas Delivery System
February 7, 2014 High Prices Show Stresses in New England Natural Gas Delivery System Abstract. Since 2012, limited supply from the Canaport and Everett liquefied natural gas (LNG) terminals coupled with
More informationTres Palacios Natural Gas Storage Acquisition Overview. September 7, 2010
Tres Palacios Natural Gas Storage Acquisition Overview September 7, 2010 Forward Looking Statements NYSE: NRGY, NRGP Cautionary Statement Regarding Forward-Looking Statements This communication contains
More informationResidential Heating Oil Prices: What Consumers Should know
Residential Heating Oil Prices: What Consumers Should know Introduction Heating oil is a petroleum product used by many Americans to heat their homes. Historically, heating oil prices have fluctuated from
More informationLed by growth in Texas, the Southeast, and Northeast, power burn is headed for a January record
EIA - Natural Gas Weekly Update for week ending January 28, 2015 Release Date: January 29, 2015 Next Release: February 5, 2015 In the News: Led by growth in Texas, the Southeast, and Northeast, power burn
More informationDirect Energy Business Monthly Webinar. Expressly for Channel Partners February 25, 2016
Direct Energy Business Monthly Webinar Expressly for Channel Partners February 25, 2016 Webinar Agenda Tim Bigler, Sr. Market Strategist Commodity Market Update Beau Gjerdingen, Meteorologist Spring weather
More informationEnable Midstream Partners, LP
Enable Midstream Partners, LP NAPTP 2015 MLP Investor Conference May 20, 2015 Forward-looking Statements This presentation and the oral statements made in connection herewith may contain forward-looking
More informationEnergy Value Chains. What is a Value Chain?
Energy s Overview of Fundamentals Center for Energy Economics, UT-Austin. No reproduction, distribution or attribution without permission. 1 What is a? The process of linking specific functions from input
More informationInvestment Options for Crude & Condensate Stabilization and Splitting
Investment Options for Crude & Condensate Stabilization and Splitting Ryan M. Couture Senior Consultant 2015 AFPM Annual Meeting March 23, 2015 San Antonio, TX Presentation Outline U.S. Production and
More informationRail Loading Facilities Bakken Product Markets & Takeaway Capacity Denver, CO January 30, 2013 www.dakotaplains.com
Rail Loading Facilities Bakken Product Markets & Takeaway Capacity Denver, CO January 30, 2013 www.dakotaplains.com Forward Looking Statements Statements made by representatives of Dakota Plains Holdings,
More informationNatural Gas Wholesale Prices at PG&E Citygate as of November 7, 2006
QUARTERLY GAS ISSUES UPDATE December 26 I. Supply Issues Wholesale Natural Gas Prices Above normal temperatures and a lack of hurricane activity caused market prices to decrease in October. By November,
More informationAnalysis One Code Desc. Transaction Amount. Fiscal Period
Analysis One Code Desc Transaction Amount Fiscal Period 57.63 Oct-12 12.13 Oct-12-38.90 Oct-12-773.00 Oct-12-800.00 Oct-12-187.00 Oct-12-82.00 Oct-12-82.00 Oct-12-110.00 Oct-12-1115.25 Oct-12-71.00 Oct-12-41.00
More informationNorth American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance. An INGAA Foundation Report, Prepared by ICF International
North American Midstream Infrastructure through 2035: Capitalizing on Our Energy Abundance An INGAA Foundation Report, Prepared by ICF International Executive Summary March 18, 2014 Background Since the
More informationLiberty Utilitiec. Samson. Local Plant, Domestic Supply. 4~NORTHSTAR ~i~~~industriesllc ENERGY. ~LH~PJi~C~ La~ Exhibit F~LE
Liberty Utilitiec ENERGY 4~NORTHSTAR ~i~~~industriesllc ~LH~PJi~C~ La~ Exhibit F~LE Local Plant, Domestic Supply NECA Fuel Conference Sept 18, 2014 Who we are Liberty tjtiiiti~ ~ W?\TER~ ~Z?~S ELECtREC
More informationSpectra Energy Reports Second Quarter 2014 Results Quarter in Line with Company Plans; On Track to Exceed Full-Year EBITDA Targets
Date: August 6, 2014 Spectra Energy Reports Second Quarter 2014 Results Quarter in Line with Company Plans; On Track to Exceed Full-Year EBITDA Targets 12 percent increase in distributable cash flow quarter-over-quarter
More information2016 Propane Market Outlook
216 Propane Market Outlook Key Market Trends, Opportunities, and Threats Facing the Consumer Propane Industry Through 225 Prepared for the Propane Education & Research Council (PERC) by: ICF International,
More information2015-16 Winter Energy Market Assessment
Slide 1 2015-16 Winter Energy Market Assessment Item No. A-3 October 15, 2015 Slide 2 Market Overview Stable signals Low NG & electric prices Abundant NG production & storage Moderate weather in Midwest,
More informationJune2015. Publishedby: PennsylvaniaPublicUtilityCommision P.O.Box3265 Harisburg,PA 17105-3265 www.puc.pa.gov
June2015 Publishedby: PennsylvaniaPublicUtilityCommision P.O.Box3265 Harisburg,PA 17105-3265 www.puc.pa.gov TechnicalUtilityServices PaulT.Diskin,Director Preparedby: MathewP.Stewart,GasReliabilityEngineer
More informationOUR CONVERSATION TODAY
OUR CONVERSATION TODAY Our goal is to raise the level of awareness around the natural gas supply chain among key stakeholders in order to facilitate positive working relationships and more informed decision
More informationState of the Oil Markets?
State of the Oil Markets? U.S. and Global Refining Prospects John R. Auers, P.E. Executive Vice President Washington DC February 17, 2016 U.S. Refining is YUGE! 2 What Determines Refining Winners? Refined
More informationDiversity and. Security of Supply. for the Asia Pacific Market. Elizabeth Spomer President & CEO, Jordan Cove LNG LLC
Diversity and Security of Supply for the Asia Pacific Market Elizabeth Spomer President & CEO, Jordan Cove LNG LLC 14th Platts NA LNG Houston, Texas February 26, 2015 Forward-looking information advisory
More informationUBS MLP One-on-One Conference. January 12, 2016
UBS MLP One-on-One Conference January 12, 2016 Forward Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws regarding MPLX LP ("MPLX"),
More informationSecond Quarter 2015 Earnings Presentation
Second Quarter 2015 Earnings Presentation July 30, 2015 Forward Looking Statement This presentation includes forward-looking statements, which are statements that frequently use words such as "anticipate,"
More information(713) 627-5353 (713) 627-4747 (24-hour media line) (713) 627-4600. Date: May 3, 2013
Media: Analysts: Caitlin Currie (713) 627-5353 (713) 627-4747 (24-hour media line) John Arensdorf (713) 627-4600 Date: May 3, 2013 Spectra Energy Reports First Quarter 2013 Results Reported net income
More informationTennessee Gas Pipeline Co, L.L.C. Northeast Energy Direct (NED) Project Project Update
Tennessee Gas Pipeline Co, L.L.C. Northeast Energy Direct (NED) Project Project Update Platts 9 th Annual Pipeline Development and Expansion September 22, 2014 Curtis Cole Forward-Looking Statements /
More informationMarket Intelligence as a Strategic Weapon
PESA SUPPLY CHAIN SEMINAR FEBRUARY 18, 2015 Market Intelligence as a Strategic Weapon Edward J. Koval Chief Procurement Officer & Vice President Global Supply Chain & Procurement Spectra Energy Agenda
More informationLNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39
LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39 For the past few years LNG has experienced high levels of activity and investment in
More informationAdjusted Estimates of Texas Natural Gas Production
Adjusted Estimates of Texas Natural Gas Production Background The Energy Information Administration (EIA) is adjusting its estimates of natural gas production in Texas for 2004 and 2005 to correctly account
More informationHeidmar Tanker Pools Trading insights from the front line: Strategies for maximizing returns in shifting markets
Heidmar Tanker Pools Trading insights from the front line: Strategies for maximizing returns in shifting markets June 2013 2 About Heidmar Heidmar is the world s leading independent tanker pool manager
More informationFORM 10-K. ENTERPRISE PRODUCTS PARTNERS L.P. (Exact name of Registrant as Specified in Its Charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December
More informationElectric Market National Overview
Electric Market Overview Electric Market National Overview 1122 Electric Market Overview: Generation Output and Temperatures Page 2 of 8 Weekly U.S. Electric Generation Output and Temperatures Electric
More informationNatural Gas Year-In-Review 2006
Natural Gas Year-In-Review 2 This report provides an overview of the natural gas industry and markets in 2 with special focus on the first complete set of supply and disposition data for 2 from the Energy
More informationComparative Role of LNG/ LPG in Japanese Market with its Policy Direction
REI Resources Energy, Inc. Comparative Role of LNG/ LPG in Japanese Market with its Policy Direction Eiji Maezawa, EVP & COO Resources Energy, Inc. Japan Business Update, Anchorage September 16, 2014 (A)
More informationOil and Gas U.S. Industry Outlook
Oil and Gas U.S. Industry Outlook VERSION 01 YEAR 13 OUTLOOK: Positive fundamentals & outlook www.eulerhermes.us Key points WTI Crude is expected to continue to converge to Brent crude prices, narrowing
More informationSpectra Energy Reports Fourth Quarter and Year-End 2015 Results
Date: February 3, 2016 Spectra Energy Reports Fourth Quarter and Year-End 2015 Results Year-End Highlights: 2015 distributable cash flow of $1.3 billion, with dividend coverage ratio of 1.3x, exceeding
More informationGas/NGL Developments from Western Canada to the US Midwest
Gas/NGL Developments from Western Canada to the US Midwest Purvin & Gertz International LPG Seminar March 7, 2012 Tim Stauft, President Aux Sable Canada About Alliance/Aux Sable Alliance is a 1.6 bcf/d
More informationPETROLEUM WATCH September 16, 2011 Fossil Fuels Office Fuels and Transportation Division California Energy Commission
PETROLEUM WATCH September 16, 2011 Fossil Fuels Office Fuels and Transportation Division California Energy Commission Summary As of September 14, retail regular-grade gasoline prices in California increased
More informationMorgan Stanley Midstream MLP and Diversified Natural Gas Corporate Access Day New York, NY
Morgan Stanley Midstream MLP and Diversified Natural Gas Corporate Access Day New York, NY March 6, 2013 LEGAL NOTICE/FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements that
More informationIndiana Utility Regulatory Commission. Natural Gas Forum October 16, 2007
Indiana Utility Regulatory Commission Natural Gas Forum October 16, 2007 1 Today s Objectives Gas Supply Natural Gas Issues Energy efficiency Usage reduction continues Emerging Issues Forecast for Winter
More informationWhat s the Scenario? Winter 2015/2016 Natural Gas Market. A PointLogic Energy Presentation Jack Weixel, Vice President September 29, 2015
What s the Scenario? Winter 2015/2016 Natural Gas Market A PointLogic Energy Presentation Jack Weixel, Vice President September 29, 2015 First off, who is PointLogic Energy? Full service, energy fundamental
More informationUpstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics!
Upstream Developments Generate Growing Hydrocarbon Gas Liquids Supply! Alan Farquharson, SVP - Reservoir Engineering & Economics! June 16, 2015 Forward-Looking Statements Certain statements and information
More informationNatural Gas Supply and Demand A Delicate Balancing Act. Jack Weixel VP Analysis
Natural Gas Supply and Demand A Delicate Balancing Act Jack Weixel VP Analysis First off, who is PointLogic Energy? Full service, energy fundamental data service provider. 30 employees consisting of both
More informationCBRE CLARION SECURITIES MLPs OIL & GAS DRILLING TECHNOLOGY LEADS TO EFFICIENCY GAINS
CBRE CLARION SECURITIES MLPs OIL & GAS DRILLING TECHNOLOGY LEADS TO EFFICIENCY GAINS MARCH 2015 Jeremy Anagnos, CFA Senior Global Portfolio Manager Hinds Howard Associate Portfolio Manager EXECUTIVE SUMMARY
More informationMidwest Association of Rail Shippers. Rail and the Energy Sector January 24, 2013 www.dakotaplains.com
Midwest Association of Rail Shippers Rail and the Energy Sector January 24, 2013 www.dakotaplains.com Forward Looking Statements Statements made by representatives of Dakota Plains Holdings, Inc. ( Dakota
More informationGlobal Shale Energy Development: Expanding Economics, Trends, and Implications
Global Shale Energy Development: Expanding Economics, Trends, and Implications New and Historic Energy Direction with Shale Increasing share of U.S. natural gas production. 50%? 70%? (2040) Energy security
More informationA Case for Midstream Energy
Case Studies March 2014 Listed Infrastructure: A Case for Midstream Energy Case Studies is a Cohen & Steers series that evaluates compelling investment themes in our various sectors of expertise. This
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December
More informationInfrastructure Plans & Trends
Infrastructure Plans & Trends National Fuel Gas SupplyCorporation Empire Pipeline, Inc. May 2014 Pinehurst M 1 NFG PL&S/Midstream Focus Niagara Chippawa Hopewell Corning Ellisburg Jackson WDA GAS Leidy
More informationUSAEE Meeting. Houston, TX. Presented by: George Lippman President of Lippman Consulting, Inc. (915) 838-1619
USAEE Meeting Houston, TX April 14, 2011 Presented by: George Lippman President of (915) 838-1619 How Shales have changed U.S. Gas Supply But at what cost? Lower 48 States Production Major Shale Production
More informationDisplacement of Coal with Natural Gas to Generate Electricity
Displacement of Coal with Natural Gas to Generate Electricity The American Coalition for Clean Coal Electricity (ACCCE) supports a balanced energy strategy that will ensure affordable and reliable energy,
More informationNatural Gas Diversification Strategy for PREPA GOVERNMENT DEVELOPMENT BANK FOR PUERTO RICO
Natural Gas Diversification Strategy for PREPA GOVERNMENT DEVELOPMENT BANK FOR PUERTO RICO Agenda 1 Importance of Diversifying to Natural Gas 2 Natural Gas Diversification Strategy 2 Currently, Puerto
More informationOil & Gas Industry Recent Developments
Oil & Gas Industry Recent Developments By Dr. Hilmar R. Zeissig Houston International Business Corp. For RIAS BERLIN COMMISSION U.S. Energy Program in Texas Houston, Texas, April 27, 2015 Typical Downstream
More informationCommercial and Industrial Usage
Commercial and Industrial Usage Maine Natural Gas: Energy for Maine s Future?! October 8, 2015 Gus Fromuth, Freedom Energy Logistics, LLC Marco L Italien, Woodland Pulp LLC Claudette Townsend, Dead River
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December
More informationMichigan Residential Heating Oil and Propane Price Survey
Michigan Residential Heating Oil and Propane Price Survey 2013-2014 Heating Season This report summarizes the results of a survey of residential No. 2 distillate fuel oil (home heating oil) and propane
More informationCBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH
CBRE CLARION SECURITIES MASTER LIMITED PARTNERSHIPS: GLOBALIZATION OF ENERGY MARKETS LEADING TO SECULAR GROWTH MAY 2014 201 King of Prussia Road, Suite 600 Radnor, PA 19087 USA T. 610.995.2500 www.cbreclarion.com
More informationGas storage industry primer
Gas storage industry primer Gas storage industry primer General Underground natural gas storage facilities are a vital and complementary component of the North American natural gas transmission and distribution
More informationShort-Term Energy Outlook Market Prices and Uncertainty Report
February 2016 Short-Term Energy Outlook Market Prices and Uncertainty Report Crude Oil Prices: The North Sea Brent front month futures price settled at $34.46/b on February 4 $2.76 per barrel (b) below
More informationRex Energy Reports Second Quarter 2014 Operational and Financial Results
Rex Energy Reports Second Quarter 2014 Operational and Financial Results Record quarterly production of 128.8 MMcfe/d, represents a 50% year-over-year increase Average daily production from oil and NGLs
More information137 Northpark Blvd. Telephone: (985) 276-6100 Covington, LA 70433 Fax: (985) 276-6284. Prepared Statement by. Thomas L. Shaw, President LOOP LLC
137 Northpark Blvd. Telephone: (985) 276-6100 Covington, LA 70433 Fax: (985) 276-6284 Prepared Statement by Thomas L. Shaw, President LOOP LLC Before Public Meeting on the Quadrennial Energy Review Petroleum
More informationA NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE
A NEW BEGINNING STARTS WITH ONE S TEP. CAPABILITIES BROCHURE SemGroup Corporation is a publicly held company that moves energy through a network of pipelines, terminals and storage tanks. Each step we
More informationCERI Commodity Report Natural Gas
January 1 CERI Commodity Report Natural Gas Turm-oil in Natural Gas Markets Paul Kralovic On December 3, 15 the daily spot price at Henry Hub dropped to US$1.3 per MMBtu, its lowest point since December
More informationExample of a diesel fuel hedge using recent historical prices
Example of a diesel fuel hedge using recent historical prices Firm A expects to consume 5,, litres of diesel fuel over the next 12 months. Fuel represents a large expense for the firm, and volatile prices
More informationLEACH XPRESS. Leach XPress Rayne XPress. Non Binding Open Seasons
LEACH XPRESS Leach XPress Rayne XPress Non Binding Open Seasons Columbia Pipeline Group is pleased to announce another innovative solution that will allow the growing Marcellus and Utica shale production
More informationWeekly Petroleum Status Report
DOE/EIA-0208(2013-04) Distribution Category UC-98 Data for Week Ended: January 25, 2013 Weekly Petroleum Status Report EIA DATA ARE AVAILABLE IN ELECTRONIC FORM The tables in the Weekly Petroleum Status
More informationEnciende Mi Fuego (Light My Fire) Opening Up Mexico s LPG Market
(http://twitter.com/rustybraziel) (http://www.facebook.com/pages/rbn-energy-llc/279891862070250) (http://www.linkedin.com/company/2456872) Enciende Mi Fuego (Light My Fire) Opening Up Mexico s LPG Market
More informationMILLENNIUM PIPELINE NEW YORK S ENERGY BACKBONE Existing Benefits and Expansion Opportunities
MILLENNIUM PIPELINE NEW YORK S ENERGY BACKBONE Existing Benefits and Expansion Opportunities New York is the fourth largest natural gas consuming state in the nation... Overview New York State is highly
More informationRange Resources Corporation Company Presentation April 2013
Range Resources Corporation Company Presentation April 2013 Ten Years of Double-Digit Production Growth Mmcfe/d 1000 900 800 700 600 500 400 300 200 100 20%-25% Growth Projected for 2013 0 2003 2004 2005
More informationRegional Market Update
March 20, 2015 Groton, CT Regional Market Update Presentation to: NGA Sales & Marketing Conference Tom Kiley Northeast Gas Association Continued on NGA web site http://www.northeastgas.org/about-nga/antitrust-guidelines
More informationAnd Then There Was Abundance: Examining Natural Gas in 2012. Bruce McDowell Director, Policy Analysis American Gas Association bmcdowell@aga.
And Then There Was Abundance: Examining Natural Gas in 2012 Bruce McDowell Director, Policy Analysis American Gas Association bmcdowell@aga.org NOTICE: In issuing and making this presentation and publication
More information